China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...
OpenAI gives Japan banks access to latest model, Japan's finance minister saysThe release of new models of AI able to code at a high level has given hackers an unprecedented ability to identify cybersecurity risks a...
Dollar near six-week high amid Iran war jittersThe US dollar remains strong near six-week peaks. Traders are watching for a Middle East war resolution and the Federal Reserve's next move...
SBI to seek board approval for funds; Axis Bank raises $500 mnState Bank of India’s board will meet on May 12 to consider raising up to $2 billion through long-term foreign currency bonds in FY27 via p...
Rupee hits record low at 95.28 vs USD as economic worries mount on renewed US-Iran tensionsThe rupee reached a historic low against the dollar on Tuesday. This decline is linked to renewed tensions in the Middle East and escalatin...
Japan's MUFG Bank acquires 20 pc stake for Rs 39,618 cr in Shriram FinanceJapan's MUFG Bank has acquired a 20% stake in Shriram Finance Ltd (SFL) for Rs 39,618 crore, marking the largest cross-border investment in...
Japan's MUFG, State Bank of India partner to finance projects, including M&AThe alliance follows recent reforms by India's central bank permitting domestic lenders to finance corporate acquisitions, funding up to ...
Shriram Finance gets shareholders' nod for MUFG deal-linked proposalsIndia's Shriram Finance said on Wednesday its shareholders have approved three proposals related to the non-bank lender's deal with Japan'...
Mizuho, MUFG join race by Japan's banks for money manager deals overseasMizuho and MUFG, two of Japan's largest banks, are actively seeking acquisitions or partnerships with overseas money managers, particularly...
MUFG doubles down on DMI Finance investment with $334 million betThe investment was made through its consolidated subsidiary MUFG Bank and brings the total investment by MUFG in DMI Finance to Rs 4712 cro...
Mitsubishi UFJ's talks for stake in HDFC Bank said to hit snagMitsubishi UFJ Financial Group Inc. (MUFG) is facing hurdles in its negotiations to acquire a minority stake in HDFC Bank Ltd.'s consumer l...
Japan's MUFG mulls sweeter offer for India's HDB Financial, Bloomberg News reportsHDB Financial, incorporated in 2007, provides secured and unsecured loans and has more than 1,680 branches across India.
Bira 91 raises $10 million from Japan's MUFG BankPresently with a market share of 5% across key regions in India, Bira 91 has tripled its pre-COVID numbers.Brewer refrained from disclosing...
- MUFG eyes $11 bn capital rise: report
Japan's Mitsubishi UFJ Financial Group Inc. is considering raising one trillion yen ($11 billion) in new capital following its massive inve...